Buffett's Current Holdings

Quote from Gary_McLaughlin:

Another guy you may want to watch is Eddie Lampert. He is the guy who merged Kmart with Sears and has generated annual returns in the area of 29% over the past 16 years. Unknown to many, he is well ahead of Buffett over that period. He was actually kidnapped a few years back.

http://www.sec.gov/cgi-bin/browse-e...wner=include&action=getcompany&CIK=0000860585
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yeah but that was one very, umm, curious deal. the equity in kmart was tweaked somehow, stripped of the liabilities and reissued or something. I didn't follow it too closely but it wasn't the old Kmart (at 11 cents) that wound up going to 20 bucks or whatever.
 
Quote from aPismoClam:

yeah but that was one very, umm, curious deal. the equity in kmart was tweaked somehow, stripped of the liabilities and reissued or something. I didn't follow it too closely but it wasn't the old Kmart (at 11 cents) that wound up going to 20 bucks or whatever.
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Agree totally, there is something very fishy about the KMRT/SHLD deals but his holdings are sure worth keeping an eye on. I bought AZO in summer '04 and again Spring '05. He only holds a handful of stocks so it's not hard to watch what he's doing. Of course, you gotta do your own DD. You can't follow these guys blindly. Good luck.
 
Considering that most of SACs profits dont come from long term positions I dont think we can get any meaningful insights from their positions.
 
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